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CNBC
Dec 31, 2012 9:00am EST
george bush came to harry reid and nancy pelosi in late 2007 and said the economy is slipping, i need a stimulus, they worked with him to do it. it was when barack obama got elected that the republicans followed mitch mcconnell's declaration that defeating the president was his number one agenda item. deadlock came in when the american people decided, as they have obviously every right to do, that they didn't like the people they voted for in 2008, and we're going to vote for diametrically opposed people in 2010. but if you look before that happened, before 2011, you've got a pretty functional system. the problem is not structural. it's who the people are. i do believe that as a result of the 2012 election, some of those who were elected who really don't believe in governance, are losing their ability to screw things up. >> mr. congressman, i know we'll have you back again. but it will be as a participant in the private sector debate. congratulations on everything. happy new year. >> thank you. >> congressman barney frank from washington. >> possibly as an author. his plans are t
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